Moody’s Investors Service is giving Providence mixed comments on its fiscal condition.
Moody’s says an audit revealing a $15 million Providence deficit for the last fiscal year could hurt the city’s credit rating. But it says Providence now has a balanced budget, and it calls that a sign of progress toward restored fiscal stability.
Mayor Angel Taveras inherited a $110 million deficit when he took office in 2011. Moody’s says a series of previous deficits caused by state aid cuts leave Providence little room for error if other revenue gets squeezed.
(PROVIDENCE, R.I.) Providence Public Safety Commissioner Steven Pare says the state can reduce gun-related violence by passing more stringent laws. Pare says most of the guns used for crime are illegally owned.
Pare says tougher penalties for illegal gun possession helped to dramatically reduce gun-related crime in New York City. He says more stringent punishments could help to have the same effect in Rhode Island.
Providence Mayor Angel Taveras says the city is boosting efforts to try to reduce gun violence after last week’s school shooting in Connecticut. As Rhode Island Public Radio political reporter Ian Donnis reports, Taveras and other mayors plan to stage gun buy-back programs across the state next month.
Providence Mayor Angel Taveras says he plans to join other mayors across the state in staging a gun buy-back program on a yet-to-be-determined date in January.
"If we can avoid just one accident, one instance, it's well worth it to me to have the buy-back," Taveras said in an interview. "I've seen violence and what it can do to a community -- obviously seen it first-hand here in Providence."
Providence police on Thursday approved, by an 89 percent margin, a settlement with the City of Providence that, the city says, saves $18.5 million in the current budget year and cuts the pension plan’s unfunded liability by at least $170 million. The vote, word which came in via mobile phones as city officials joined reporters for a holiday party at the home of David Ortiz, Mayor Angel Taveras’ press secretary, is the latest in a string of negotiated settlements in Providence.
One of the reasons President Obama won a convincing victory was the overwhelming support he got from Latino voters. But Providence Mayor Angel Taveras tells RIPR political analyst Scott MacKay that Republicans could have a future with Latino voters.
Rhode Island has long been shaped by the ethnic ballet of immigration. Providence Mayor Angel Taveras, our capital city’s first Latino mayor, was reminded of that recently when he went to a holiday party with a crowd of elderly Italian-American constituents.
Why would a freshly minted political star who has already banked more than $1 million in campaign fundraising stage a $25-per-person (suggested) football-watch event at a barbecue-burger joint in Providence’s Jewelry District on a Monday night in December?
If you’re state Treasurer Gina Raimondo, the answer probably has to do with expanding her base of support in the run-up to the 2014 gubernatorial race.
With anticipation swirling about a possible Democratic primary clash between Gina Raimondo and Angel Taveras in the 2014 governor’s race, the only announced candidate — former auditor general Ernest Almonte – says he’s in the campaign for good.